NTSE vs. VWO ETF Comparison

Comparison of WisdomTree Emerging Markets Efficient Core Fund (NTSE) to Vanguard FTSE Emerging Markets ETF (VWO)

NTSE

WisdomTree Emerging Markets Efficient Core Fund

NTSE Description

WisdomTree Emerging Markets Efficient Core Fund is an exchange-traded fund incorporated in the US. The Fund is actively managed using a models-based approach. The fund seeks to achieve its investment objective by investing in emerging markets equity securities and U.S. Treasury futures contracts.

Grade (RS Rating)

Last Trade

$32.33

Average Daily Volume

2,547

Number of Holdings ^*

* may have additional holdings in another (foreign) market

VWO

Vanguard FTSE Emerging Markets ETF

VWO Description

The investment seeks to track the performance of a benchmark index that measures the investment return of stocks issued by companies located in emerging market countries. The fund employs an indexing investment approach by investing substantially all (approximately 95%) of its assets in the common stocks included in the FTSE Emerging Index, while employing a form of sampling to reduce risk. The FTSE Emerging Index includes approximately 851 common stocks of companies located in emerging markets around the world. As of May 31, 2013, the largest markets covered in the index were China, Brazil, Taiwan, and India.

Grade (RS Rating)

Last Trade

$48.21

Average Daily Volume

8,775,843

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	NTSE	VWO
30 Days	5.89%	8.12%
60 Days	9.92%	12.21%
90 Days	7.70%	8.24%
12 Months	27.24%	27.03%

21 Overlapping Holdings

Symbol	Grade	Weight in NTSE	Weight in VWO	Overlap
ABEV	C	0.13%	0.12%	0.12%
BABA	A	1.77%	2.06%	1.77%
BCH	B	0.08%	0.06%	0.06%
BGNE	B	0.1%	0.11%	0.1%
BIDU	C	0.26%	0.27%	0.26%
BILI	A	0.03%	0.05%	0.03%
CHT	C	0.17%	0.13%	0.13%
CHT	C	0.17%	0.05%	0.05%
GGB	C	0.07%	0.05%	0.05%
IBN	C	0.84%	0.54%	0.54%
LI	C	0.05%	0.12%	0.05%
NIO	C	0.07%	0.06%	0.06%
PDD	D	0.42%	0.79%	0.42%
TCOM	B	0.27%	0.29%	0.27%
TME	D	0.05%	0.08%	0.05%
UMC	D	0.23%	0.18%	0.18%
UMC	D	0.23%	0.06%	0.06%
VALE	C	0.5%	0.48%	0.48%
WIT	B	0.09%	0.09%	0.09%
XPEV	C	0.01%	0.06%	0.01%
YUMC	C	0.15%	0.13%	0.13%

NTSE Overweight 17 Positions Relative to VWO

Symbol	Grade	Weight
NTES	C	0.35%
JD	A	0.26%
KB	D	0.25%
SHG	D	0.18%
ZTO	A	0.1%
HTHT	B	0.06%
SKM	C	0.05%
KEP	C	0.05%
CSAN	D	0.04%
LPL	D	0.04%
SBSW	D	0.03%
GDS	B	0.03%
YY	C	0.03%
ZLAB	C	0.02%
WB	C	0.01%
IQ	D	0.01%
DQ	C	0.01%

NTSE Underweight 11 Positions Relative to VWO

Symbol	Grade	Weight
HDB	C	-1.28%
BEKE	A	-0.11%
ASAI	F	-0.09%
ITUB	C	-0.07%
YMM	B	-0.06%
ERJ	C	-0.06%
BZ	C	-0.05%
VIPS	C	-0.05%
BRFS	C	-0.04%
TAL	C	-0.04%
BAOS	D	-0.0%